King County September Real Estate Stats

Posted by kerri sheehan

The NWMLSrecently posted real estate stats for September.  These stats apply to  King County residential units not condo’s.  If you would like detailed information regarding the condominium market in Seattle, please email me at kerriproperties@comcast.net and I will forward the requested information.

                                         08                 07                YTD 08          YTD 07

Closed Sales                 1,415            1,687              12,874            19,266

Avg Price                    $491,300     $563,645        $537,399      $569,580

Avg. time on market     73                  58                   74                    54

Pending Sales                1,767           1,541              15,494             21,068

New listings                  3,302             3,771            

Pending sales are up but we still have a lot of listings coming on the market so the time on market and the total months worth of inventory have not changed in a substantial way meaning that it is still a buyers market. 

Respectfully submitted by:  Kerri Sheehan, Realtor   Keller Williams Greater Seattle

This entry was posted on Monday, October 20th, 2008 at 2:44 pm and is filed under Stats, real estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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